Can any body help me on my query?
My Query?
is there any case law related to Negotiable instrument act on the following example?
Example:
A has issued a cheque for Rs. 10,00,000/- to B, where on the cheque given there is written by the bank that the cheque can be issued only upto Rs.5,00,000/- when B presented the cheque the cheque was dishonoured saying over limit. can B file case against A under section 138 of Negotiable instrument act?
